Poor Credit Remortgages

Have you been refused a remortgage or further advance from your existing lender?

Are you looking to mortgage out of an existing mortgage with a poor interest rate?

Looking for a bigger choice than the ones offered by the comparison websites?

Need to be rewarded for a better credit history/improved earnings?

Frequent Finance have lenders offering:

Near prime, light adverse and heavy adverse remortgages

Initial interest rates starting at 1.9%

Variable, fixed and discounted rates

Arrangement fees as low as £239

Choice from a large panel of lenders from multiple sources

Flexible approach to valuations and loan to value calculations

Self Employed and Employed

Raise money for home improvements or purchase of another property

Your Remortgage Requirements

Type Of Mortgage:*

How Much Would You Like To Borrow?*

Estimated Value Of Your Property?*

Do You Have Adverse Credit?*

Yes

No

About You

Your Full Name*

Contact Phone Number:*

Alternate Phone Number:

Your Email Address:*

First Line Of Your Address:*

Your Postcode:*

Frequent Finance have new lenders as of 2017

One of the key ways to reduce the timescale of securing your remortgage is to apply to the right lender first time. Obviously if you have a poor credit history the highstreet banks and building societies

The short answer is probably, YES. Try to pay down any credit card balances if possible. Your better off waiting to change your car till after you have qualified for your remortgage as a monthly car finance payment will dent your affordability for your monthly mortgage payments. Most lenders have to be confident you can easily afford your payments even after things like holidays.

What if the lender wants to look at my bank statements?

Things they might not like:

Payday loans

Significant gambling activity

Bounced standing orders

Bounced direct debits

Persistent use of overdraft facility

Large deposits or payments that may require your explanation

Above average amount of money spent on travel, hobbies and holidays

Large ATM withdrawals

What they may like to see:

Your salary each month coming from the same entity as your wage slips or accounts.